Amazon and Holcim invest in sustainable building startups
Amazon’s Climate Pledge Fund has teamed up with Holcim to invest in two innovative startups, 14Trees and Paebbl, in a bid to promote more sustainable building practices.
The investment in 14Trees, a joint venture between Holcim and British International Investment (BII), aims to speed up the construction of large-scale, low-carbon buildings such as data centres. 14Trees specialises in 3D printing technology and has already built the first 3D-printed house in Africa, the world’s first 3D-printed schools, and one of the largest 3D-printed neighbourhoods globally.
At the same time, Paebbl, a startup focused on advanced mineralisation technology, will use the new funding to scale up its process for permanently storing CO₂ in concrete, effectively turning buildings into carbon sinks. This aligns with the industry’s push towards reducing carbon emissions in construction.
Commenting on the partnership, Nollaig Forrest, Holcim’s chief sustainability officer, said: “By investing with Amazon’s Climate Pledge Fund into 14Trees and Paebbl, we can scale up these technologies to push the boundaries of sustainable building, from 3D printing to making concrete a carbon sink.”
Founded in 2016, 14Trees focuses on sustainable construction solutions in Africa, while Paebbl, established in 2021, aims to transform CO₂ into a sustainable industrial material. Both companies are now set to accelerate their innovative approaches with backing from Holcim and Amazon’s Climate Pledge Fund.